Rhode Island General Laws 33-21-6. Proceeds of sale
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The proceeds of a sale, and the balance of any proceeds after proceedings by creditors under § 33-21-4, over and above all expenses incurred by the town, shall be held by the town and be accounted for in the same way and be held for the same uses as the real estate would have been had no sale been made.
History of Section.
C.P.A. 1905, § 964; G.L. 1909, ch. 317, § 9; G.L. 1923, ch. 368, § 9; G.L. 1938, ch. 582, § 9; G.L. 1956, § 33-21-6.
Terms Used In Rhode Island General Laws 33-21-6
- real estate: may be construed to include lands, tenements, and hereditaments and rights thereto and interests therein. See Rhode Island General Laws 43-3-10
- town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9